Baby Boomers rule! Their numbers are large and their money is substantial. They may list “having good health” as their # 1 retirement concern, but it is closely followed by # 2, “being financially secure”. Secure, safe, protected. This group longs for guarantees. Guarantees that will change the annuity industry forever. According to Stan Haithcock, Click to Continue

What’s new for retirement accounts? The new product is called a qualified longevity annuity contract (QLAC). What is a qualified longevity annuity contract (QLAC)? It’s a special deferred income annuity (DIA) for creating income inside a retirement account. DIAs are quite popular products. New IRS regulations may make DIAs even more popular by introducing this Click to Continue

For those of you who have been following us for some time you know that we are big fans of equity indexed annuities (aka fixed indexed annuities, aka hybrid annuities) for the right person with the correct risk tolerance, goals, and understanding that you buy annuities for what they will do, NOT what they might Click to Continue

A week ago a very interesting topic was brought to light in regards to taxing (or putting a fee) on every single annuity application written in the country. In particular, the fee would be $25 and would be used to fund a non-profit organization which would be run by independent annuity producers from each state, Click to Continue

*UPDATE: Celebritynetworth.com retracted their statement about this annuity on Steve Young. The original annuity was never funded. That being said, the premise works the same. It is still a good idea to move some of your retirement risk from the market and your current company (pension, etc.) to an insurance company through an annuity. Click to Continue

Annuity123.com is pleased to unveil their new education center focused on explaining the pros and cons of Index Annuities that is fully accessible to anyone interested in learning the truth about these very unique products. Many Americans unfortunately don’t realize that the word “Annuity” is an umbrella term for a variety of different product types Click to Continue

Global Atlantic Financial Group just announced that they have entered into an agreement to buy Forethought Financial Group. The deal is expected to close in early 2014. Global Atlantic Financial Group is the same entity that is in the process of purchasing the life division of AVIVA. The transition will be seamless for current policy Click to Continue

A.M. Best Company, a leading ratings agency in the insurance and annuity marketplace, announced this week that it has downgraded its ratings for The Phoenix Companies, Inc. and its subsidiaries. Not only did A.M. Best Company downgrade Phoenix on its financial strength rating, but it also lowered the rating for its issuer credit ratings. Headquartered Click to Continue

One of the biggest fears among baby boomers and retirees today is running out of money in retirement. In fact, there seems to be new reports and articles written about it every single day. However, one of the biggest issues is that hardly any of these articles or reports give any solutions to the problem, Click to Continue

If you are classified as a senior or a baby boomer, then you most likely are familiar with the term annuity. An annuity is an insurance product that is designed for your “safe money”, money which you can’t afford to lose. There are four different types of annuities out there; traditional fixed annuities, fixed index Click to Continue